What factors, besides transferee qualifications, does Hydrodog consider when approving a transfer?

According to Hydrodog's 2025 Franchise Disclosure Document, when deciding whether to approve a transfer, Hydrodog may consider factors beyond just the qualifications of the proposed transferee. Specifically, Hydrodog may consider the length of time the Hydrodog Business has been open and whether transferring the location at the current time is in the best interest of the Hydrodog system.

This means that even if a potential buyer meets all the standard qualifications, Hydrodog still has the discretion to deny a transfer based on these additional factors. For a franchisee looking to sell, this highlights the importance of maintaining a successful and stable business, as a longer operating history may make the transfer more appealing to Hydrodog.

Hydrodog also wants to ensure that the transfer benefits the overall franchise system. This could mean that Hydrodog might be hesitant to approve a transfer if the business is underperforming or if there are concerns about the local market conditions. Therefore, franchisees should proactively address any potential issues that could negatively impact Hydrodog's decision to approve a transfer.